TL;DR: Add 4 new markets using gmETH, gmBTC, gmARB, gmSOL as collateral on Arbitrum.
Cauldrons parameters:
gmBTC and gmETH -85% LTV
-5% Interest
-1% Borrow Fee
-6% Liquidation Fee
gmSOL -75% ltv
-6.9% Interest
-1% opening
-6% liquidation
gmARB -75% LTV
-4.2% Interest
-1% Borrow Fee
-6% Liquidation Fee
Cumulative top up of 20m MIM across the 4 cauldrons, starting with low 6 figures top ups for beta testing.
📖 Read more on the proposal: https://forum.abracadabra.money/t/saip-34-adding-gmeth-gmbtc-gmarb-and-gmsol-cauldrons/4413